Amentum Holdings Inc (AMTM) Stock: A Look at the Analyst Recommendations

Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for AMTM is 124.08M, and currently, short sellers hold a 2.14% ratio of that float. The average trading volume of AMTM on November 14, 2024 was 2.72M shares.

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AMTM) stock’s latest price update

Amentum Holdings Inc (NYSE: AMTM)’s stock price has plunge by -5.15relation to previous closing price of 31.24. Nevertheless, the company has seen a -4.42% plunge in its stock price over the last five trading sessions. businesswire.com reported 2024-11-04 that CHANTILLY, Va.–(BUSINESS WIRE)– #AmentumWin–Amentum (NYSE: AMTM), a market leader in energy and environmental engineering solutions, announced today that the U.S. Department of Energy Office of Science has awarded the contract to manage and operate Fermi National Accelerator Laboratory (Fermilab) to a consortium that includes Amentum. The consortium will deliver cutting-edge scientific program management expertise to drive Fermilab’s mission of understanding the physics of our universe. The contract was a.

AMTM’s Market Performance

The volatility ratio for the week is 6.06% while the volatility levels for the last 30 days are 4.64% for Amentum Holdings Inc The simple moving average for the past 20 days is -2.34% for AMTM’s stock, with a 2.77% simple moving average for the past 200 days.

Analysts’ Opinion of AMTM

Many brokerage firms have already submitted their reports for AMTM stocks, with Truist repeating the rating for AMTM by listing it as a “Buy.” The predicted price for AMTM in the upcoming period, according to Truist is $31 based on the research report published on October 14, 2024 of the current year 2024.

AMTM Trading at 2.77% from the 50-Day Moving Average

After a stumble in the market that brought AMTM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.12% of loss for the given period.

Volatility was left at 4.64%, however, over the last 30 days, the volatility rate increased by 6.06%, as shares surge +2.42% for the moving average over the last 20 days.

During the last 5 trading sessions, AMTM fell by -4.42%, in comparison to the 20-day moving average, which settled at $30.34. In addition, Amentum Holdings Inc saw 0.41% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for AMTM

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.

Conclusion

To put it simply, Amentum Holdings Inc (AMTM) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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